Property description

Property Overview: This investment opportunity in Polokwane presents a fully leased property with a monthly income of R 52,000, excluding office space. Zoned for residential use, this property boasts the potential for 20 to 30-year bank bonds, making it an attractive proposition for long-term investors.

Development Features:

Residential Units: The property comprises 6 two-bedroom, one-bathroom units, each spanning 55 m², as well as 3 larger two-bedroom, one-bathroom units, measuring 72 m² each. Additionally, there is a one-bedroom, one-bathroom unit covering 47 m².

Office Space: A 64 m²office unit is included, complete with a reception area, office space, and bathroom facilities. It also has a private street entrance, providing convenience for potential tenants.

Caretaker's Quarters: This property includes a one-bedroom, one-bathroom caretaker's unit, as well as four maintenance storerooms, ensuring the efficient upkeep of the premises.

Total Building Space: The total building space on the property amounts to 675 m², offering ample room for both residential and commercial purposes.

Parking: There are 20 parking bays available, providing secure parking for tenants and visitors.

Utilities: The property features pre-paid electricity and water, simplifying billing and management for both tenants and property owners.

Quality Construction: Owner-built and meticulously maintained, this property features low-maintenance face brick construction, reducing long-term maintenance costs.

Prime Location: Situated near the Central Business District (CBD), schools, hospitals, and on the main road to the north, this property offers a highly desirable location for tenants and businesses alike.

Don't miss out on this exceptional investment opportunity in Polokwane, offering a steady income stream, development potential, and a convenient location. Contact us today to learn more about this property.

We commit ourselves to:

*Truthful and honest advice.

*Professional attitude, assessment, and understanding of your needs.

*Confidentiality and protection of your interest.

*Negotiate the best possible agreement.

No one sells more property than us, so make the smart choice now. Pre-qualified or cash buyers will be given preference. If this property does not suit your needs or taste, please give me a call so that we can discuss and find your dream home or next investment. Please also click on the logo to your right to see all properties available by us.

Make that important call TODAY!